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The Moving Parts of a Market | Wide Angle

This video from Wide Angle: "The Market Maker" looks at the efforts of Ethiopian market reformers led by Eleni Gabre-Madhins to create an Ethiopian Commodities Exchange (ECX) in the capital city of Addis Ababa. It explains the basic role of an exchange, outlines its key elements, and describes the specific challenges faced by the reformers-the greatest of which is farmers' traditional attachment to archaic and inefficient modes of trade.

What are the “moving parts” of the modern commodity exchange that Eleni Gabre-Madhins and her team of market reformers are trying to create in Ethiopia?

How does Eleni Gabre-Madhins describe the “core idea” of the ECX?

Is the ECX embraced by all Ethiopian farmers? Why are some anxious about participating in it?

Eleni Gabre-Madhins and many of her colleagues come from a privileged class of Ethiopians, educated in the United States and in some cases already employed there. Why have they traded that life for the difficult and unglamorous work of creating the ECX?

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